Peter Schiff points to $61,000 as potential Bitcoin support level

Peter Schiff, Europac’s chief economist and global strategist, said Bitcoin may be finding short-term support near $61,000 as of June 4. He noted the level sits slightly above February’s low just under $60,000, adding BTC has rebounded by over $2,000 from that area while May’s losses carried into the first four days of June.